Lenskart Shares List at 3% Discount Amid Valuation Concerns
Last Update Date: 06-10-2026
Published by Outlook Business
Abhishek Kumar's role: Quoted
Abhishek Kumar, who had earlier spoken to the outlet, said the valuation would take roughly 300 years of current profit to justify, called it window-dressing, and said retail investors should avoid businesses they do not understand.
More of Abhishek's views on mutual funds
The article reports on an eyewear retailer's stock market debut, which listed slightly below its IPO price before recovering during the day. It discusses the high valuation sought from investors and notes that much of the company's first annual profit came from other income rather than its core business.
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Lenskart Shares List at 3% Discount Amid Valuation Concerns